SIDG secure $13 million penthouse sale at Park Quarter on St Kilda Road
Developer SIDG has sold one of its penthouses in its St Kilda Road apartment development Park Quarter for $13 million.
LAWD Director Henry Burbury negotiated the sale of the north west-facing penthouse on behalf of Danny Thomas, a senior director at LAWD who specialises in agriculture and farm sales.
The luxury wine room in the penthouse. Image supplied
Burbury says it's the best penthouse on offer at the 18-level building, given its north west views capture both the city and Albert Park and will never be built out. the rooftop has a private terrace with a swimming pool.
The penthouse is one of four in the $170 million tower which SIDG launched in March.
Read more: Park Quarter launches on Melbourne's sought-after St Kilda Rd precinct
The living area of the penthouse with sweeping Albert Park views. Image supplied
Park Quarter is now over 60 per cent sold and the team at SIDG are in the final stages of appointing a builder for the project, which they expect to start construction on next year and complete in 2026.
There are 244 apartments in total at Park Quarter, which start from level six. They will sit atop a Marriott Executive Apartment, one of the first in Australia. The building has been designed by COX Architecture, with interiors by DKO.
Residents of Park Quarter can have access to all of the hotel amenity through a club membership subscription, but they'll also have their own amenity. They will have everything from a 24/7 concierge, a pool, gym, and co-working spaces, to a theatre room and a golf simulator, plus pet wash room, mud room equipped with high pressure wash machine, and smart parcel lockers.
Earlier this year we caught up with Colliers Director Zoe Powell, who is in charge of sales at Park Quarter. She said residents can opt in or out of the extensive amenity on offer in the building, which can lower their strata fees.
